SSI Savings Penalty Elimination Act
Latest action · Sep 12, 2023 Read twice and referred to the Committee on Finance.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedSep 12, 2023
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
SSI Savings Penalty Elimination Act
This bill increases resource limits used to determine eligibility for the Supplemental Security Income (SSI) program. SSI is a federal assistance program that provides monthly cash payments to aged, blind, or disabled individuals with limited income and resources.
Specifically, the bill increases the resource limits from $2,000 to $10,000 for individuals and from $3,000 to $20,000 for married couples. The bill annually adjusts the limits for inflation.
Cosponsors 11
Members who signed on, in the order they did. Signatures ran from Sep 12, 2023 to Apr 23, 2024, with 5 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-LA | Bill Cassidy | Original | Sep 12, 2023 |
| R-OK | James Lankford | Original | Sep 12, 2023 |
| D-PA | Robert P. Casey Jr. | Original | Sep 12, 2023 |
| D-OR | Ron Wyden | Original | Sep 12, 2023 |
| R-ME | Susan M. Collins | Original | Sep 12, 2023 |
| D-NH | Margaret Wood Hassan | Oct 3, 2023 | |
| R-SD | Mike Rounds | Oct 3, 2023 | |
| R-AK | Lisa Murkowski | Dec 6, 2023 | |
| D-WA | Patty Murray | Dec 6, 2023 | |
| R-FL | Rick Scott | Apr 19, 2024 | |
| D-RI | Sheldon Whitehouse | Apr 23, 2024 |
Actions 2
Everything that happened, newest first.
- Sep 12, 2023Introduced in Senate
- Sep 12, 2023Read twice and referred to the Committee on Finance.
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 5408 | SSI Savings Penalty Elimination Act | Identical bill | Dec 17, 2024 |
| HR 7138 | Supplemental Security Income Restoration Act of 2024 | Related bill | Dec 17, 2024 |
Subjects
Assigned by the Library of Congress. Policy area: Social Welfare.
Text 1
Each version as it was printed, newest first.
- Sep 12, 2023Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.